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Paving the way to provide affordable housing for all
Following on from the immense response from our Middle East Affordable Housing events, we are working extensively with regional and global industry experts to bring you the Affordable Housing Development Summit India
Owing to global economic downturn there has been a shift in the trend with developers now investing heavily in affordable housing projects for low and middle income groups making ‘affordable housing construction’ the largest and fastest growing segment in Indian construction Industry.
By 2010 India will have a shortage of 25 million homes mostly in the affordable sector; this has forced the government to focus its resources and liberalize policies to encourage private investors for construction of affordable housing.
The government has developed various projects and programmes like JNNURM – Jawaharlal Nehru National Urban Renewal Mission with a budget of RS 100, 000 crores in order to develop affordable housing India.